Sensex, Nifty rise as investors await June inflation data

Benchmark stock market indices Sensex and Nifty opened higher on Monday as technology and auto stocks gained. Investors are also waiting for inflation data for June that will be released later in the day.

Gains in auto and financial stocks boosted Indian shares on Monday, with investors awaiting data on consumer price inflation (CPI) for June and industrial output for May. As of 9:27 am, the blue-chip NSE Nifty 50 index and the benchmark S&P BSE Sensex were up 0.49% each at 15,767.15 and 52,643.43 points, respectively.